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Stock Market & Financial Investment News

News Breaks
July 1, 2014
09:11 EDTICEIntercontinentalExchange completes Liffe U.S. transition to ICE
Intercontinental Exchange completed the transition of Liffe U.S. futures and options contracts to the ICE futures exchanges, trading platform and clearing infrastructure. The Liffe U.S. MSCI equity index and precious metal contracts were successfully transitioned to ICE Futures U.S. and ICE Clear U.S. on June 30, where they trade and clear alongside ICE’s agricultural commodity and Russell index futures and options contracts.
News For ICE From The Last 14 Days
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October 13, 2014
07:42 EDTICENYSE gets SEC approval for proposed rule changes
The New York Stock Exchange, on October 9, got final SEC approval for a rule change to amend its Rule 13 to allow an Add Liquidity Only modifier for day limit orders and to allow the day time-in-force condition and ALO modifier for Intermarket Sweep Orders. Analysts say the change allows the exchange to potentially gain ground on rivals that have long had the same deal, according to the New York Post, which quoted Haim Bodek as saying, “This is basically a blessing for exchanges to continue volume growth by accommodating HFT strategies and introducing asymmetry in the marketplace." Reference Link

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